Stella's Stitches, Inc. sells hand sewn shirts at $$48$ per shirt. It incurs monthly fixed costs of

$$8,000.$ The contribution margin ratio is calculated to be $10\%.$ What is the variable cost

per shirt? $($Round any intermediate calculations and your final answer to two decimal

places.$)$

$$4\mathrm{.}80$ per shirt

$$43\mathrm{.}20$ per shirt

$$52\mathrm{.}80$ per shirt

$$48\mathrm{.}00$ per shirt